A bank charges 6% simple interest on a P 25,000 loan. How much will be repaid if the loan is paid back in one lump sum after five years?

ESAS 3-1

Quiz
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Mathematics
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University
•
Easy
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
P 30,875
P 32,750
P 32,500
P 31,250
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the present worth of two P 100 payments at the end of the third and fourth years if the annual interest rate is 8%?
P 120
P 153
P 122
P 160
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following corresponds to the meaning of annuity?
A lump sum at the end of the year.
An annual repayment of the loan.
A series of uniform amounts over a period of time.
The future worth of a present amount.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The passing general weighted average rating for the licensure examination for Registered Electrical Engineers must be 70% with NO GRADE below ____ in any subjects in Mathematics, ESAS, and Electrical Engineering as required under Section 19(b) of RA 7920.
55%
65%
60%
50%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Find the amount of P30,000 at 6 percent simple interest after 5 years.
P39,000
P40,000
P41,000
P42,000
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
RA 9136 is
Electric Power Installation Reform Act
Energy Power Isolation Reform Act
Electric Power Industry Reform Act
Energy Power Institution Reliability Act
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Recognizable as suitable for the specific purpose, function, use, environment application, where described in a particular Code requirement.
listed
labeled
approved
identified
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